News list for " us senator"
Elizabeth Warren, the ranking Democrat on the US Senate Banking Committee, has called for a national security investigation into some DeFi platforms, focusing on their potential links to Trump's business interests. In her letter to Treasury Secretary Scott Bessant and Attorney General Pam Bundy, Warren named PancakeSwap, saying it could amplify World Liberty related to Trump.
Crypto journalist Eleanor Terrett posted on the X platform that US Senator Mark Warner has informed that it is "very difficult" to complete the review of the Cryptocurrency Market Structure Act before the Christmas holiday, as they are still waiting for feedback from the White House on key parts of the bill. However, Mark Warner added: "Sooner or later, my fellow Republicans will have to make a decision on this bill, which is the bill proposed by the White House and the decision of Congress. At ...
U.S. Senators John Boozman and Cory Booker introduced a bipartisan bill on Nov. 11 that aims to transfer crypto regulation from the Securities and Exchange Commission (SEC) to the Commodity Futures Trading Commission (CFTC). The bill would authorize the CFTC to define and regulate digital commodities, establish crypto exchange registry systems, enforce new disclosure rules, and levy fees on specific transactions. CFTC Acting Chairperson Caroline Pham said she is committed to "making the United S...
According to Bloomberg, Democratic U.S. Senator Elizabeth Warren and Independent Senator Bernie Sanders have said that President Trump's move to allow private equity and cryptocurrencies to account for a larger share of the average retirement saver's portfolio could cost millions of Americans financially. Warren and Sanders said, "This executive order exposes these hard-earned savings to highly volatile financial instruments while also attempting to rebrand them as'alternative assets, 'when in f...
U.S. Senator Cynthia Lummis supports open banking rules, stressing the importance of digital assets. She sent a letter to the CFPB calling for the rules to remain unchanged. The rule allows consumers to own their financial data and share it securely with fintech companies, digital asset exchanges and third-party services. Lummis warned that without clear rules, large banks could restrict access to digital asset platforms and other innovative financial services, so rules help safeguard the space ...
On October 4th, according to foreign media reports, on Friday local time, Republican Senator Bernie Moreno and auto industry executives said that US President Donald Trump is considering providing significant tariff relief for US auto production, a move that could effectively eliminate a considerable part of the costs currently borne by large automakers. Moreno said, "This sends a signal to the global auto companies: as long as you complete the final assembly in the United States, we will reward...
According to foreign media reports, on Friday local time, Republican Senator Bernie Moreno and auto industry executives said that US President Donald Trump is considering providing significant tariff relief for US auto production, a move that could effectively eliminate a significant part of the costs currently borne by large automakers. Mo...
US senators Cynthia Lummis and Kirsten Gillibrand said that the two parties are continuing to push for crypto market structure legislation, hoping to complete it by the end of the year. Previously, the Senate Banking Committee had set a target of the end of September, but the progress has been delayed to October or even the end of the year. Gillibrand stressed that the current Congress is facing fiscal cliff negotiations, and the legislation should not be set "artificial deadlines", and said tha...
On September 7, Democratic Senator Elizabeth Warren released a video criticizing Trump, accusing him of failing to deliver on his promises to reduce inflation, while his family's cryptocurrency business is said to have amassed billions of dollars. Warren said in the video: To everyone's shock, Trump is actually a big liar. Food, gas, school supplies...
US Democratic Senator Elizabeth Warren released a video on the X platform to criticize Trump again, accusing him of failing to deliver on his promises to reduce inflation, while the family's cryptocurrency business has increased its wealth by billions of dollars. She said: "To everyone's surprise, Trump is actually a big liar. Instead of lowering the price of groceries, he has actually...
